1. Explain how the use of a Daily Spending Diary could result in starting an investment program.“WHILE I HAVE A FAIRLY LARGE AMOUNT IN A SAVINGS ACCOUNT, I SHOULD THINK ABOUT INVESTING SOME OF THIS MONEY IN OTHER WAYS.”

Directions The use of your Daily Spending Diary can provide an important foundation for monitoring and controlling spending. This will enable you to make better purchasing and investing decisions both now and in the future. The Daily Spending Diary sheets are located in Appendix D at the end of the book and in Connect Finance